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$2,314 (target)

2275 Lincoln Manor Dr, Flint, MI 48507

3 beds • 2 baths • 1165 sqft

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This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $60,945 initial cash invested.

0.85%

Cash On Cash

7.31%

Cap Rate

1.12

DSCR

$2,314

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $2,271 expenses = $43 cash flow

Income$2,314Mortgage P&I$1,10948%Property Taxes$30213%Insurance$723%Management$27812%CapEx$934%Vacancy$693%Maintenance$934%Other$25511%Cash Flow$43

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,945

Downpayment

20%

$40,900

Closing costs

1%

$2,045

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,314

Total Expenses

$2,271

Mortgage P&I

48%

$1,109

Property Taxes

13%

$302

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$69

Maintenance

4%

$93

Other

11%

$255

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